TELEPHONE & DATA SYSTEMS INC /DE/ — Form 10-Q
Filed August 7, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 12/100
What the filing says
On May 20, 2026, Telephone and Data Systems, Inc. granted performance share awards and restricted stock unit (RSU) awards to employees under its 2022 Long-Term Incentive Plan. Performance shares vest December 31, 2028, based on achievement of metrics including fiber revenue, adjusted OIBDA, and relative TSR for TDS Telecom (64% weight, 3-year period) and Array Digital Infrastructure performance (16% weight, 1-year period), with payout ranging 0–200% of target. RSUs vest in three equal annual tranches (May 2027, 2028, 2029). Specific share counts per employee are not disclosed in this exhibit.
Why this rating
Routine equity grant boilerplate; no aggregate dollar value disclosed; standard executive/employee compensation mechanism; no material change to business operations or strategy.
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